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Broker review
Recommended

xchief

xchief Founded 2014

Best for

Best for traders who want reg.number HY00923433 and license number T2023379. regulation, a starting deposit of $10.00, and MT4, MT5 access.

Brokerate score

94 / 100

The score reflects the published trust, trading, platform, and support signals we could verify on this profile.

Recommended means this broker currently clears our internal threshold for overall quality with no obvious red flags in the listed facts.

Regulation
reg.number HY00923433 and license number T2023379.
Founded
2014
Visit official website

Use the official broker site for live spreads, legal documents, and account opening details.

Pros

  • Regulation listed: reg.number HY00923433 and license number T2023379.
  • Platforms include MT4, MT5
  • Minimum deposit is listed at $10.00.

Cons

  • US clients are not accepted.
  • No demo account is listed.
  • Copy trading is not listed.

Full broker details

Use this section to inspect the broker profile field by field after the summary above.

Trust & regulation

Company profile

Company

xchief

Year opened

2014

Head office

Vanuatu

Jurisdiction & oversight

Regulation

reg.number HY00923433 and license number T2023379.

Visit regulation source

Trading conditions

Pricing & execution

Minimum deposit

$10.00

Execution type

Market Execution

Spread

From 0 pips to 0.9 pips

Risk & sizing

Max leverage

1:1000

Hedging

Yes

Min trade size

0.01

Account & platform

Access & tools

Platforms

MT4, MT5

Mobile app

No

Demo account

No

Copy trading

No

Availability & account setup

Account currency

USD,EUR,GBP

Accepts Islamic

Yes

Accepts US

No

Money management

No

Payments & support

Funding & rebates

Cashback

4.25 $ (Per Lot)

Rebate

No

Payment methods

Mastercard Mastercard Visa Visa Crypto Crypto

Support & contact

Phone

+65 3159 3652

Call broker

Languages

Englsih

Overview

A broker that you can work with, but not as a superhero. It's good for small investments, and I think it’s suitable for up to $10,000. In the test we did (withdrawal with Tether), they processed the withdrawal within two hours, and they charged a $3 network fee, which is relatively high, so that's a negative point. However, the two-hour payout is good, and they value time. Although they may not be very big, they are generally low-profile, and there hasn't been much criticism of them in the Forex Peace Army, and they have a good ranking. Despite not having a strong regulation, they don’t have any major negative points. Their website design is user-friendly

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